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if congress cannot agree on how to intervene. >> boehner's position is where it was a year ago, two years ago, four years ago. don't raise taxes, have pro economic growth policies and the government will get more revenue. not from higher taxes, but from more people working. >> in an associated press exit poll tuesday, vote irs agreed with both parties, half saying tax the rich more, and half saying, shrink government. >>> meanwhile, another down day for wall street. stocks fell over increasing concerns over lawmaker's ability to solve the fiscal cliff. the dow was down 121 points and ended the day at 12811. this follows yesterday's drop of 300 points. >>> closer to home, voters passed prop 30. many students aren't exactly celebrated. more than 100 students rallied on campus this afternoon. they're glad the passage of prop 30 will keep tuition from rising for now. it won't stop regions from voting to raise fees for next school year. they're worried the money generated by the measure won't be used for education. >> we want to make sure the money does go to uc and public education, not to prison
. republicans want us to work together. >> reporter: and house speaker john boehner opened the door to higher taxes. >> good evening, everyone. for the purposes of forging a bipartisan agreement that begins to solve the problem, we're willing to accept new revenue under the right conditions. >> reporter: conceding his loss, mitt romney called for compromise. >> at a time like this, we can't risk partisan bickering and political posturing. our leaders have to reach across the aisle to do the people's work. >> reporter: how did the people of america reject romney? one reason is our population has changed. a smaller share of whites voted, down to 72% of the total. more minorities voting, more young people. changes that favor democrats like barack obama. he reached out last night to romney backers. >> and whether i earned your vote or not, i have listened to you. i have learned from you. >> reporter: some republicans say they better learn from an election that gave barack obama four more years. bipartisanship will get an immediate test. the dreaded fiscal cliff, automatic across-the-board tax hik
crisis. 52 days now until the so-called fiscal cliff. mr. obama and house speaker john boehner laid out their new positions, which sound a lot like their old positions. the president says he will be flexible to a point. >> i refuse to accept any approach that isn't balanced. i am not going to ask students and seniors and middle class families to pay down the entire deficit while people like me making over $250,000 aren't asked to pay a dime more in taxes. >> the problem with raising tax rates on the wealthiest americans is that more than half of them are small business owners. >> republicans say they won't budge on taxes unless democrats bring to cut the costs of social security and medicare, starting with the raising the minimum ages to qualify. >>> with the showdown looming over whether the police department guess into receivership, oakland is urging a middle ground. ever since 2000 where there was rampant police corruption, the department has been threatened with a federal takeover unless reforms were implemented. now with a december court date, the city is bracing for a possible tak
Search Results 0 to 2 of about 3